Saturday, May 07, 2016

Wall Street 'Whistleblower' Exposes Clinton Foundation Fraud

It's nothing personal, but the more I learn of Hillary Clinton the more I dislike her. This corrupt, crooked liar should not be allowed to run for president of the Glee Club let along the third most powerful nation in the world (hey, don't moasn at me about that, get on Obama's case). The woman is a phoney, a self interested, self aggrandizing elitist with a sense of entitlement the size of a galaxy. Whatever Hillary does, and whatever minority group the claims she is acting in the interests of, you can bet the main beneficiaries are Hillary Clinton, her family and her cronies.

No surprise then that a whistleblower has exposed Hillary's charity, 'The Clinton Foundation as a fraud. She's not alone of course, those of us with access to inside information in finance know that The Bill and Melinda Gates Foundation receives $2 of taxpayers money in the form of government grants and consultancy fees from nations and organisations around the world for every $1 it spends on 'good works' (i.e. channeling money into the coffers of corporate businesses.) And the Zuckerberg foundation, though not old enough to have filed audited accounts, is not a charitable trust, but a Limited Liability Company which arouses suspicion immediately.

The Clinton Foundation’s finances are so messy that the nation’s most influential charity watchdog put it on its “watch list” of problematic nonprofits last month.

The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.

The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends.

“It seems like the Clinton Foundation operates as a slush fund for the Clintons,” said Bill Allison, a senior fellow at the Sunlight Foundation, a government watchdog group where progressive Democrat and Fordham Law professor Zephyr Teachout was once an organizing director.

Thanks to Charles Ortel, it’s time to prepare ourselves for some more Clinton Foundation revelations :

The Washington Free Beacon reports:The Wall Street analyst who uncovered financial discrepancies at General Electric before its stock crashed in 2008 claims the Bill, Hillary, and Chelsea Clinton Foundation has a number of irregularities in its tax records and could be violating state laws.

Charles Ortel, a longtime financial adviser, said he has spent the past 15 months digging into the Clinton Foundation’s public records, federal and state-level tax filings, and donor disclosures. That includes records from the foundation’s many offshoots—including the Clinton Health Access Initiative and the Clinton Global Initiative—as well as its foreign subsidiaries.

This week, Ortel is starting to release his findings in the first of a series of up to 40 planned reports on his website. His allegation: “this is a charity fraud.”

The Sunday Times of London described Ortel as “one of the finest analysts of financial statements on the planet” in a 2009 story detailing the troubles at AIG.